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India's prime minister decrees 21-day lockdown to curb virus
NEW DELHI - Indian Prime Minister Narendra Modi announced a "total lockdown" in the country of 1.3 billion people during a televised address Tuesday night, the most extensive stay-at-home order yet in...
Mar 24, 2020
Suncor cuts $1.5 billion from budget to cope with low oil prices, virus impact
CALGARY - Suncor Energy Inc. is cutting its 2020 capital spending budget by $1.5 billion or 26 per cent to a range between $3.9 billion and $4.5 billion.The Calgary-based producer and refiner is putti...
Mar 24, 2020
Trump's impatience with coronavirus measures continues to escalate
WASHINGTON - President Donald Trump seems to be growing more impatient by the day with the economic fallout from U.S. efforts to limit the spread of the novel coronavirus. Trump says via Twitter today...
Mar 24, 2020
Precision Drilling moves to cut costs and capital spending plan
CALGARY - Precision Drilling Corp. says it is reducing staff, cutting salaries and lowering its capital spending plan in response to the COVID-19 pandemic and current market conditions.The company did...
Mar 24, 2020
Tories will support aid to Canadians, not Liberal 'power grab': Scheer
OTTAWA - Conservative Leader Andrew Scheer says any conversation about new government powers should not get in the way of getting much-needed assistance out the door as Canadians struggle with the COV...
Mar 24, 2020
New home sales drop 4.4% in February
WASHINGTON - U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales. The Commerce Department said Tuesday that Feb...
Mar 24, 2020
Congress closing in on nearly $2 trillion virus aid package
WASHINGTON - Top congressional and White House officials say they expect to reach a deal Tuesday on a nearly $2 trillion measure aimed at easing the economic damage inflicted by the coronavirus pandem...
Mar 24, 2020
Business, labour groups say Liberals' COVID-19 wage subsidy too little to help
OTTAWA - The federal government's planned wage subsidy for businesses hit hard by COVID-19 is being panned this morning by a voice for thousands of small businesses and a major union. The Canadia...
Mar 24, 2020
Tokyo Olympics officially postponed until 2021
TOKYO (AP) - The Tokyo Olympics were postponed until 2021 on Tuesday, ending weeks of speculation that the games could not go ahead as scheduled because of the coronavirus pandemic.The International O...
Mar 24, 2020
The latest developments on COVID-19 in Canada
The latest news on the COVID-19 global pandemic (all times eastern): --- 8:45 a.m. Ontario is expected to announce a temporary cut in hydro rates as many people work from home during the COV...
Mar 24, 2020